Hi Marcdu,

In Sage 50, the Currency Exchange & Rounding account is used to record exchange gain and loss.  This account is used when the sales invoice or purchase invoice using foreign currency is posted with 1 exchange rate but the receipt or payment is done with a different exchange rate.  

In your situation, when you buy and pay your supplier, you should already known the exchange gain or loss as Sage 50 will put the difference to the Currency Exchange & Rounding expense account when different exchange rate is used in the purchase invoice and payment.  You should not need to do anything when you sell because you sell in your own currency.

Since I am not an accountant or bookkeeper, I may not fully understand your situation.  You may want to consult your own accountant or wait for other experienced peer who can provide a better suggestion to your case.  

Thank-you for the reply. It doesn't exactly answer my question but it did put me on the right track :)

Hi Marcdu,

Just in case you need to talk to an accountant or bookkeeper, you can find one from the link below.

http://edirectory.accpac.com/simplysearch/